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What India

What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

01 Sep 2025, 12:02 PM

In today’s edition, we uncover the messy underbelly of India’s gaming ban and its deep ties to UPI; and can RBI’s FREE-AI framework finally push finance into the AI age?

Journalism was already dying — AI wasn

Journalism was already dying — AI wasn't the culprit

01 Sep 2025, 11:48 AM

For this special edition, instead of dissecting business, we’re reflecting on something more personal — the state of journalism in the age of AI.

IRCTC enters payments where giants bleed; RIP of RIP in AI

IRCTC enters payments where giants bleed; RIP of RIP in AI

01 Sep 2025, 11:45 AM

We dig into the payments ambitions of IRCTC; and the curious haste with which some social media “gurus” are declaring entire professions dead because of AI.

Fintech founders shaping policy; India on AI map?

Fintech founders shaping policy; India on AI map?

01 Sep 2025, 11:41 AM

In today's newsletter we have our take on Sahil Kini's shift from startup founder to policymaker, and India's journey towards potentially becoming the third pole in the AI universe.

Who Reads Us

Fintech Highlights

  1. Kalpi bags seed funding from Rainmatter Capital

  2. RBI appoints Gunveer Singh as new executive director

  3. NPCI plans single soundbox system for all UPI apps

  4. Haryana govt approves CBI probe into 5 IAS officers in IDFC First Bank case

  5. Paytm introduces UPI-based Pocket Money feature for teens
  6. Read more news...

AI/Emerging Tech

  1. Anthropic buys AI developer tools startup Stainless

  2. India's AI venture firm Activate makes strategic bet on ElevenLabs

  3. Zoho invests Rs 70 crore in ONDC

  4. Fractal Q4 FY26 revenue from operations up 17% to Rs 886 crore

  5. Flo Mobility bags pre-Series A funding co-led by Mela Ventures, Arali
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]